Income Tax
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Karnataka HC Set Aside Ex-Parte Income Tax Assessment as Notices Sent to Former Employee’s Email
₹4.5 Cr for Loss of ‘ENO’ & ‘Fruit Salt’ Trademark is Capital Receipt: P&H HC
ITAT Reduces Penalty as Tax Sought to Be Evaded Must Exclude TDS and Self-Assessment Tax
Conferences, Hospitality & Events at Luxury Hotels did not qualify as Charitable Activity
Karnataka HC Restores Director Prosecution in TDS Default Case After Trial Court Discharge
Income Received, Accrued & Deemed in India: Determining Tax Liability under Income Tax Act, 1961
Draft Income Tax Rules 2026: Old Regime Re-Emerges
Is India’s Tax System Too Complex for the Common Taxpayer?
A Critical Analysis of Source & Residence Principles under Income Tax Act, 1961
The Vanishing Shield: Is Your Home Loan Interest Losing Its Tax Power?
Bogus Purchase Addition Deleted – Mere Non-Response to 133(6) Notices Not Enough
Section 54F Deduction Allowed – Commercial Property Not a Residential House: ITAT Chennai
Additions Based on Loose Sheets Deleted – “Dumb Documents” Insufficient for 153A: ITAT Delhi
Penalty u/s 270A Deleted – Immunity u/s 270AA Allowed Despite Procedural Lapse: ITAT Chennai
Latest Income Tax News
Income tax is the part of your income which you are required to pay to the Indian government for funding various infrastructural developments, pay salaries to those who are employed by the central or the state governments, etc. All the taxes which are imposed are based on law, and the law which governs provisions about taxes on income is the Income Tax Act, 1961.
Income tax needs to be paid by each and every individual, Hindu Undivided Family, Association of Persons, Body of Individuals, companies, corporate firms, local authorities and every artificial juridical person generating any income based on the income tax slab rates.
Income tax might seem to be a tedious tax for most us, and it has a lot to do with the fact it involves a lot of nitty-gritty and details while calculating and in paying income tax. However, if you need a clear picture about income tax which is simple and easy to understand then you are at the right place.
Get all the latest news on income tax with Taxguru. We will offer you all the insight and details about all the updates and trending news on income tax. Get a comprehensive coverage of income tax-related news and regular updates on income tax circulars.
At Taxguru, we give a cohesive understanding off all income tax related circulars. We keep updating all the circulars as and when issued by the income tax department. You could view online or you can download all the latest news on Income Tax and circulars free of cost.
Find all the latest developments and amendments to the Income Tax Act. Get to know all the tips and tricks on how to save income tax and develop your own income tax planning work plan. We keep updating our portal regularly so that you don’t miss out on anything.
